Lagos seeks partnership on urban development

The Lagos State government has expressed its intention to partner with suitable entities on a Public-Private Partnership (PPP) basis to undertake the development and delivery of a wide range of facilities in the state. The targeted facilities, according to the state government, include residential apartments, shopping/business malls, recreation parks, hotels, theme parks, zoos, car parks […]

Lagos seeks partnership on urban development
Lagos seeks partnership on urban development

The Lagos State government has expressed its intention to partner with suitable entities on a Public-Private Partnership (PPP) basis to undertake the development and delivery of a wide range of facilities in the state.
The targeted facilities, according to the state government, include residential apartments, shopping/business malls, recreation parks, hotels, theme parks, zoos, car parks and other facilities that would add to Lagos Mega City Lifestyle.
 The state Commissioner for Information and Strategy, Mr. Steve Ayorinde, said that the Governor Akinwunmi Ambode led administration had conceived the idea in order to provide Lagos with world-class residential, business, recreational and other facilities that would measure up to what is obtainable in other mega cities of the world.
 He said the initiatives would also help in positioning the state as one of the best cities to live and work in the African continent.
 The commissioner disclosed that the facilities include the former Falomo Shopping Complex, which the state government was seeking proposal (under PPP) on how the site could be redeveloped into a world-class residential complex with the full complement of lifestyle-enhancing facilities.
 He said the state government was also interested in having a complete make-over of the CMS Marina axis to bring it up to standard comparable to similar choice locations in the world, adding that with the planned commissioning of the Blue Line of the Lagos light rail project this December, the state government would redevelop the entire stretch of the Marina starting from the Apongbon end to the NECOM House end.
 The commissioner disclosed further that the government intended to have multi-level car parks, shops, offices, restaurants etc all positioned in an integrated design to create a more harmonious experience for shoppers and other visitors to the Marina